International Packaging Films Balance Sheet Health
Financial Health criteria checks 1/6
International Packaging Films has a total shareholder equity of PKR19.9B and total debt of PKR9.5B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are PKR45.7B and PKR25.8B respectively. International Packaging Films's EBIT is PKR3.0B making its interest coverage ratio 1.6. It has cash and short-term investments of PKR245.9M.
Key information
47.8%
Debt to equity ratio
PK₨9.52b
Debt
| Interest coverage ratio | 1.6x |
| Cash | PK₨245.92m |
| Equity | PK₨19.92b |
| Total liabilities | PK₨25.83b |
| Total assets | PK₨45.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPAK's short term assets (PKR12.6B) do not cover its short term liabilities (PKR17.4B).
Long Term Liabilities: IPAK's short term assets (PKR12.6B) exceed its long term liabilities (PKR8.4B).
Debt to Equity History and Analysis
Debt Level: IPAK's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: Insufficient data to determine if IPAK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IPAK's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: IPAK's interest payments on its debt are not well covered by EBIT (1.6x coverage).